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BARSIC [14]
3 years ago
6

The understatement of the ending inventory balance causes:

Business
1 answer:
Nina [5.8K]3 years ago
8 0

Answer: The correct answer is "E. Cost of goods sold to be overstated and net income to be understated.".

Explanation: The understatement of the ending inventory balance causes:  

<u>Cost of goods sold to be overstated and net income to be understated.</u>

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